Sources: The Wall Street Journal, BusinessWeek
quote: Last year, General Motors' Chevrolet Volt was heavily criticized after three Volts sparked or caught fire in a series of side-impact crash tests conducted by the National Highway Traffic Safety Administration (NHTSA).
quote: I never once heard of a Volt owner come out and publicly talk bad about their car, not once, some media.
quote: Apple never took zillions of dollars of taxpayer money to then make phones that exploded.
quote: Sigh, Reclaimer, you probably ought to be a bit more restrained.
quote: I do not have the knowledge or skill to appropriate calculate the end cost to the US government for the development and deployment of the Volt.
quote: But lets stop assigning 100% of the bailout to one model that GM makes.
quote: I thought you were an industry specialist and Government accountant.
quote: Remember when there were cases of the iPhone catching on fire and 'exploding' in China / Japan? I didn't hear Fox News talk about that for 8 weeks straight. I never once heard of a Volt owner come out and publicly talk bad about their car, not once, some media.
quote: Also if I recall correctly there was quite a media furor over the antenna problem with the iPhone and that wasn't even as dangerous as possibly catching fire.
quote: @Fleet buys - So you're against our own government fleet becoming less dependant on oil? A volt in our fleet replaces an old giant gas guzzler. But I guess that's bad too.
quote: Is math a foreign concept to you, or perhaps efficiency?
quote: In the above situation, is the Volt a bad bargin? Yes.
quote: But thats a very different set of assumptions than what you're using, which appear to me to be influenced more by right-wing rhetoric than by an actual mathematical analysis.
quote: Seems to me like a bargain on a Ford Fiesta or some similar A-to-B people mover would be the best bet.
quote: So I'm right when you engage the brain and look at some numbers, which consumers have done as well and why they realize the Volt is a poor choice. But, I'm wrong, because you get the sense I have conservative views. Troll.
quote: By definition, that's trollish behavior.
quote: For an automobile to be profitable it needs to sell in the range of 100000 to 200000 units to pay for the production line.
quote: The Volt's sales were terrible before that story even broke.
quote: This is true of any car, you cannot just leave a totaled car sitting somewhere with a volatile fuel source (any energy dense source) without taking care of it, that's common sense.
quote: Well the original claim was that the Volt would catch on fire weeks after a severe crash and it had not been attended to.
quote: The NHTSA's job is to keep people safe and they did that.
quote: But the people have a right to know these things. You seem to think it's fine for a Government agency to sit on a report for five months because it might look bad for the Government supported auto-makers new political flagship. That's not a situation I'm comfortable with. There's a clear conflict of interest here.
quote: Huh? I've been in accidents and had cars totaled, and at no point did the fuel tank have to be drained as a precaution. If fuel isn't leaking, there is virtually no potential risk.
quote: Normal cars just don't do that.
quote: GM is now wielding steel plates around the battery to further secure it.
quote: Why did it take 5+ months?
quote: You do realize the economic prosperity post WW2, that every republican likes to mention, was from that same 'conflict of interest'.
quote: trying to win an argument on the internet is like running in the special olympics, even if you win, your still a retard
quote: Failure refers to the state or condition of not meeting a desirable or intended objective, and may be viewed as the opposite of success. Product failure ranges from failure to sell the product to fracture of the product, in the worst cases leading to personal injury, the province of forensic engineering.
quote: We need to find a way to get past all of the petty bickering between the 2 parties, and just do what is right for the country
quote: That story really had nothing to do with the volt, it was just a faux news story trying to find a way to take a jab at Obama, nothing more.
quote: Yes there was a bailout, no I didn't agree with it, but move on already!
quote: if GM had gone under, you'd be talking about how bad the Obama administration was for losing all the jobs.
quote: GM got caught up in all the silly finance mess with all the other banks.
quote: Glad to see we can finally agree on something--the UAW and our political leadership are precisely where most of the blame lies.
quote: GM products ought to be viewed with an open frame of mind and assessed based on merits or lack there-of.
quote: Going bankrupt and restructuring was not an option for these companies because credit was completely frozen at the time or did you forget?
quote: Do I like the price tag? No
quote: Would I buy one at this point? No
quote: Do I think it is an awesome piece of technology that will bring further advancements in the future? Absolutely
quote: So far, Fisker has drawn down $193 million from its loans.